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Benzinga

Business

Shivdeep Dhaliwal

Coinbase CEO Slams EU Over New Proposals For Bitcoin, Ethereum, Dogecoin Transactions; Parliament Passes It Anyway

Coinbase Brian Armstrong European Union CoinDesk

European Union lawmakers on Thursday voted in favor of an extension of anti-money laundering (AML) requirements that would effectively end anonymous transactions involving cryptocurrencies such as Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE).

What Happened: The proposals approved by the EU are aimed at extending AML requirements that apply to payments over 1,000 euros ($1,114) to cryptocurrencies, according to a report from CoinDesk.

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Trump administration to assign government lawyers to migrant kids’ cases, worrying advocates

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